Manager - Compensation & Benefit (5-8 yrs)

4 weeks ago

Mumbai, India iimjobs Full time

Hiring Criteria:

- Strong HR Operations / Compliance Profile

Mandatory (Experience 1) - Minimum 5+ YOE in Payroll, Legal complaince & HR Operations roles

Mandatory (Experience 2) - Must have 2+ YOE Hands-On experience in dealing with Income Tax, Maternity Act, Labour Laws, Group Gratuity Scheme, New Pension Scheme

Mandatory (Company) - Must have 300+ permanent employees in the current organization

Mandatory (Education OR Company) - Either MBA from Tier 1 Institutes OR working in a Good / Well Known Company

Preferred (Company) - Product / Services

ctc upto 15lpa

Role & Responsibilities:

- Processing payroll: This involves calculating employees' pay based on days worked, deductions, taxes and relevant benefits.

- Maintaining payroll records: A payroll specialist maintains accurate records of all payroll transactions, including employee earnings, taxes and deductions.

- Tax compliance: A payroll specialist calculates and ensures the on-time payment of all payroll-related taxes.

- Benefits administration: A payroll specialist accounts for employee benefits, such as health insurance and retirement plans.

- Monitoring compliance: A payroll specialist ensures the organization complies with all applicable laws and regulations related to payroll, taxes and benefits.

- Responding to employee enquiries: A payroll specialist serves as the first point of contact for employees with questions or concerns about their salary, benefits or taxes.

- Generating reports: They generate reports related to payroll expenses, taxes and other payroll-related data to help the organization make informed decisions.

Ideal Candidate:

- Looking for 5+ years of experience in end-to-end Payroll Activities.

- Managing Payroll processing for Hire to Retire cycle.

- Should handle at least 300+ permanent employees in the organization.

- Good exposure in end-to-end administration Income Tax, Maternity Act, Labour Laws, Group Gratuity Scheme, New Pension Scheme.

- Employee Insurance like GPA, GTL & Mediclaim.

- Quarterly / Annual TDS returns filed and all matters of issuance of Form 16 including signatures.

Note: This is Individual Contributor role and the person would be reporting to HR Director.

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